Real Estate & Property Investment News in Tunisia from Propertyshowrooms.com

Saudi Arabia and Tunisia sign program of tourism cooperation

Tue, 25 Nov 2008 00:00:00 GMT

Secretary General of General Commission for Tourism and Antiquities announced that the Commission will launch next year its vision of future tourism investment in the Kingdom "Vision 2020" ...

Freehold purchases opened up to foreigners in Tunisia

Tue, 26 Aug 2008 00:00:00 GMT

Tunisia has passed legislation allowing foreigners to purchase the freehold of some residential properties. The move is expected to encourage Tunisia's second-home market.

Until the legislation letting non-nationals buy the freehold of certain properties, Tunisia was lagging behind countries such as Morocco and Egypt in the second home stakes, according to The Mail on Sunday. The paper explains the benefits of overseas property investment in Tunisia.

Five new golf courses are being constructed in Tunisia, which the country hopes will attract property investors. The courses are expected to be completed in the next five years. Property prices in Tunisia are reportedly low; apartments just 150m from the sea at the Port El Kantaoui cost from £20,000.

Property investors can reach Tunisia by plane in just two and a half hours and Tunisian authorities are said to be in talks with low-cost airlines such as Ryanair.

Tunisia is rich in natural beauty; the Atlas Mountains divide the country in two, lush grasslands contrast with desert, and 800 miles of coastline and pristine beaches add to the variety.

This story was brought to you by holidaylettings.co.uk, the UK's No.1 holiday home website.

Tunisia Plans $3bn Financial Harbour

Fri, 1 Aug 2008 00:00:00 GMT

Tunisia is the latest country to decide to create an offshore financial centre, the $3bn Tunis Financial Harbour...

Bahrain's IIB IPO Oversubscribed

Wed, 16 Jul 2008 00:00:00 GMT

IIB International Investment Bank (IIB), a Bahrain-based investment bank, affirmed that the Initial Public Offering of Artes, the exclusive distributor of Renault, Nissan and Dacia in Tunisia, on the Tunis Stock Market in April 2008, was a tremendous success and oversubscribed over 11 times in Tunisia...

Groupama To Buy 35% Stake In Tunisian Insurer Star For EUR72M

Tue, 15 Jul 2008 00:00:00 GMT

French insurer Groupama SA Tuesday said it has acquired a 35% stake in Tunisia's STAR for EUR72 million...